UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): September 10, 2004


Tredegar Corporation
(Exact Name of Registrant as Specified in its Charter)



Virginia
(State or Other Jurisdiction
of Incorporation)
1-10258
(Commission File
Number)
54-1497771
(I.R.S. Employer
Identification No.)

1100 Boulders Parkway
Richmond, Virginia

(Address of Principal Executive Offices)

23225
(Zip Code)


Registrant’s telephone number, including area code:     (804) 330-1000





Item 2.05. Costs Associated with Exit or Disposal Activities.

        On September 10, 2004, the Company authorized its wholly-owned subsidiary, Tredegar Film Products Corporation, to proceed with the relocation of its research and development activities to Richmond, Virginia. The Company also concluded that this project will result in relocation charges and expenses, severance charges arising from the termination of employees who do not relocate and certain asset impairments under generally accepted accounting principles. The accompanying press release, filed as Exhibit 99.1 hereto and incorporated by reference herein, provides additional details regarding these expenses, charges and impairments and the facts and circumstances leading thereto.


Item 2.06. Material Impairments.

        See Item 2.05.


Item 9.01. Financial Statements and Exhibits.

(c) Exhibits.

  99.1 Press Release, dated September 13, 2004.




SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.





Date: September 13, 2004
TREDEGAR CORPORATION


By: /s/ D. Andrew Edwards
————————————————
D. Andrew Edwards
Vice President, Chief Financial Officer
and Treasurer




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